Tata Sons to buy Tata Steel stake in Tata Motors in June

Founded in 1868 by Jamestji Tata, Tata group is an Indian conglomerate which is into salt from software. Tata Sons Ltd, the holding company of Tata Group plans to buy out Tata Steel Ltd.'s stake in Tata Motors Ltd on or after June 23. It is declared in a regulatory filing on Saturday. "Restructuring of investment portfolio" is the reason for the planned deal. Have a look on the details.